Louisville, Barbour County, Alabama Property Taxes
Median Louisville, AL effective property tax rate: 0.30%, significantly lower than the national median of 1.02%, but lower than the Alabama state median of 0.47%.
Median Louisville, AL home value: $65,600
Median annual Louisville, AL tax bill: $263, $2,137 lower than the national median property tax bill of $2,400.
How are property taxes in Barbour calculated?
Property taxes in Louisville, AL are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Louisville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Louisville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Louisville, Barbour County, Alabama Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.3%
Estimate Property Tax Bill
$197
$183
Property Tax Rates Across Louisville, Barbour County, Alabama
Local government entities determine property tax rates, leading to significant variations within a state. The process involves each county estimating its budgetary needs for public services and dividing this amount by the total value of taxable property within its jurisdiction. This determines the property tax rate. While votes and legislation play a role in setting these rates and budgets, this is the essence of the annual process.
For instance, in Louisville, located in Barbour County, Alabama, the effective property tax rate stands at 0.30%. This is significantly lower than both the Alabama state median and the national median property tax rate of 1.02%. Consequently, residents of Louisville benefit from lower property tax bills compared to the national median property tax bill of $2,400. Such disparities highlight the importance of understanding local tax rates and how they impact property owners. Through awareness and strategic planning, property owners can better manage their tax obligations and potentially reduce their financial burden.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Louisville Tax Rate
0.30%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Barbour County Tax Rate
0.40%
Median Effective Alabama Tax Rate
0.47%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Louisville, Barbour County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36048 | 0.19% | 0.24% | 0.30% | 0.59% | 0.75% |
Source: Ownwell
Property Tax Assessment Values Across Louisville, Barbour County, Alabama
When examining property taxes in Louisville, Alabama, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Barbour County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Barbour County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Louisville. For example, the median home price in Louisville is $65,600, with tax bills ranging significantly across the county. ZIP code 36048 has the highest median home price at $65,600.
Property Tax Assessment Values Across Louisville, Barbour County, Alabama
Source: Ownwell
$61,300
$86,775
$112,250
Median Louisville Market Value
$65,600
Median Barbour County Market Value
$82,600
Median Alabama Market Value
$149,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Louisville, Barbour County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36048 | $21,790 | $41,125 | $65,600 | $128,575 | $201,780 |
Source: Ownwell
Property Tax Bills Across Louisville, Barbour County, Alabama
Median Louisville Tax Bill
$263
Median Barbour County Tax Bill
$360
Median Alabama Tax Bill
$717
Median United States Tax Bill
$2,400
Property Tax Bills Across Louisville, Barbour County, Alabama
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 36048 | $77 | $134 | $263 | $441 | $705 |
Source: Ownwell